Digital wine club startup debut on the NYSE

Winc, a digital wine club startup founded in 2011, is making its debut on the New York Stock Exchange. We look at how Winc’s sales have grown during the pandemic and its biggest venture investors.

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A Crunchbase News analysis shows that as more growth investors compete with VCs in startup investing, firms from the Big Apple are gaining traction. In fact, while Bay Area investors led roughly double the deal volume, that proportion began to change last year—and by 2021 the dollar amounts led by New York-based investors in U.S. startups is close to equal that of Bay Area investors.

Payments giant PayPal is reportedly kicking the tires on Pinterest in a deal that would value the online pinboard company at around $39 billion. Such a deal could signal that PayPal has ambitions in the social commerce space. In other news, Austin-based Invicti Security raised a $625 million growth round led by Summit Partners.

In a world where startups now raise money seemingly every six months, push liquidity events back years, and give out options to employees weekly, keeping track of who owns what has gotten complicated—very complicated. Enter the Open Cap Table Coalition, a new effort to standardize an aspect of the startup landscape that can at times resemble the Wild West.

The Facebook-Instagram-WhatsApp-Messenger outage earlier this month serves as a glaring reminder that most of the internet’s second-level goals are not being met and that decentralization is the need of the hour, argues guest author Reuben Jackson. He makes the case that the dawn of Web 3.0—a fully decentralized internet where each user will be fairly compensated for their time and data—can overcome the very issues that such centralization poses.

From established industry leaders to up-and-comers, your competition can directly affect how you sell, market and operate your business, and even determine whether you’re successful. That’s where competitive monitoring comes into play. In this article, find out which companies you should be tracking and learn how to effectively monitor and beat your competition.

Source : Crunchbase